After decades of wealthy investors getting a better deal, this budget finally tilts the scales for younger people trying to buy their first home.
Articles on intergenerational wealth
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You don’t have to be born rich to make big money in Australia, but it certainly helps.
If we want to avoid becoming a nation where the great divide is between those who own property and those who never will, we should jump at the chance for reform.
Is the government prepared to reduce speculation in housing in favour of returning to its social purpose?
A new report on consultations with more than 1,000 Australians aged 12 to 25 shows how many feel excluded from society – and how to fix it.
Half of parents in a recent survey said they’d helped out financially in some way – but some could afford much more than others.
Rather than being the biggest losers from super tax rates not being indexed to inflation, younger Australians are the biggest beneficiaries.
Only a tiny fraction of Americans are rich enough for it to matter anyway. And many wealthy taxpayers already locked their existing assets into estate plans that they can’t change.
How does coming of age in Australia look now compared to in the year 2000? Evidence shows young people now have it much worse.
Most Australians earn more than their parents.
But those born into the poorest families face the biggest barriers to improving their lot.
Removing certain reliefs would raise revenues that could be used to fund a cut in the headline rate or increased public spending.
It’s now common knowledge loans and gifts from family are a large part of breaking into the housing market. But how is parental financial support being used in other areas?
The Productivity Commission’s startling finding is that passing on wealth actually cuts inequality.
Parental disability, family structure and unemployment are key factors in transmitting disadvantage between generations.
Young people in the UK experience some of the worst working conditions. To understand why we need to look at longer-term changes in the political economy.
New research shows childhood in Europe lasts on average until age 25, while old age starts at 60.
Inequality within generations is as pivotal as that between them.
The case for introducing capital gains tax on the sale of all homes.
Those whose parents own a home are able to take advantage of a wider set of opportunities than others.
Top contributors
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John Curtin Distinguished Professor, Curtin University
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Emeritus Professor of Housing and Housing Studies, RMIT University
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Ronald Henderson Senior Research Fellow, The University of Melbourne
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Professor of Social Policy, University of Birmingham
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Professor of Comparative Social Science Director of ESRC Research Centre on Learning and Life Chances in Knowledge Economies and Societies (LLAKES), UCL
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Senior Research Fellow, The University of Melbourne
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Senior Lecturer in Sociology, University of Newcastle
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TR Ashworth Professor in Sociology, The University of Melbourne
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Lecturer in Employment Relations, University of Sheffield
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Scientia Professor of Economics, UNSW
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Senior Research Economist, Institute for Fiscal Studies
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Honorary Fellow, Department of Economics, The University of Melbourne
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Research Economist, Institute for Fiscal Studies
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Professor of Economics, University of Sydney
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Professor of Urban Policy and Director, Urban Futures Enabling Impact Platform, RMIT University